SBG
SBG
Simeka BSG - Trading statement
Simeka BSG Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2003/012583/06)
(formerly Xantium Technology Holdings Limited)
Share code: SBG & ISIN code: ZAE000074878
("Simeka BSG" or "the company")
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited ("JSE Listings
Requirements"), companies are required to publish a trading statement as soon as
they become aware that the financial results for the period to be reported upon
next will differ by at least 20% from the previous corresponding period.
Simeka BSG accordingly advises that for the interim period ended 30 November
2006 the company expects:
Revenues to be between 105% and 115% higher than those of the interim period
ended 30 November 2005;
Headline earnings to be between 245% and 255% higher than those of the interim
period ended 30 November 2005;
Headline earnings per share (weighted in issue and to be issued) to be between
60% and 70% higher than those of the interim period ended 30 November 2005;
The financial results on which this trading statement has been based have not
been reviewed or reported on by the company"s auditors.
The financial results of the company will be published ion SENS by no later than
Wednesday, 31 January 2007.
Rosebank
4 December 2006
Designated Advisor
Java Capital (Proprietary) Limited
Warning: The listing of the ordinary shares in the company is on the ALTX.
Shareholders are advised of the risks of investing in a company listed on the
ALTX. Shareholders are advised that the JSE does not guarantee the viability or
the success of a company listed on the ALTX. In terms of the JSE Listings
Requirements a designated advisor has to be retained by the company. The
designated advisor is required to, inter alia, attend all board meetings held by
the company to ensure that all JSE Listings Requirements and applicable
regulations are complied with, approve the financial director of the company and
guide the company in a competent, professional and impartial manner. If the
company fails to retain the designated advisor it must make arrangements to
appoint a new designated advisor within 10 business days, failing which the
company faces suspension of trading of its securities. If a designated advisor
is not appointed within 30 days of its suspension the company faces the
termination of its listing without an offer to minority shareholders.
Date: 04/12/2006 03:42:04 PM Produced by the JSE SENS Department
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